Penza, 30 May 2016. PenzaNews. The Penza company “Master-PACK” prepared an investment agreement to increase its monthly corrugated board production volume from 3.5 million to 15 million sq. meters and double the job capacity up to 450 employees, announced the company director Igor Altaev.

© PenzaNewsBuy the photo

During the facility inspection the regional governor Ivan Belozertsev on Monday, May 30, he announced that the company’s production enjoys demand both locally and in the adjacent regions, and the facilities now need to be concentrated at a new location.

Right now, he explained, the production is located in the former “Penzmash” factory, and the company enterprise plans to locate the newly-purchased production lines at a new facilitye.

After the announcement, Igor Altaev asked the head of the region for assistance in locating and taking over new space.

In conclusion of his inspection, the governor instructed his subordinates to conduct an analysis and find new location for “Master-PACK” production, such as at the former VT factory.